The Future of FinTech: A Paradigm Shift in Small business Finance
This report examines the transformative potential of financial technology (FinTech) in improving small business finance, highlighting innovative models and the role of public institutions.
(Generated with the help of GPT-4)
| Quick Facts | |
|---|---|
| Report location: | source |
| Language: | English |
| Publisher: | World Economic Forum |
| Authors: | Arnaud Ventura, Daniel Drummer, Michael Koenitzer, Peer Stein, Peter Tufano |
| Geographic focus: | Unknown |
| Page count: | 36 |
Methods
The research method involved synthesizing efforts of industry leaders, academics, and financial experts from the Global Agenda Council on the Future of Financing & Capital to assess the finance industry's offerings and FinTech's role in funding small businesses.
(Generated with the help of GPT-4)
Key Insights
FinTech is revolutionizing small business finance through innovative models, offering solutions like peer-to-peer lending and invoice finance. Public institutions play a key role in fostering a supportive environment for FinTech growth, which could significantly impact global economies and job creation.
(Generated with the help of GPT-4)
Additional Viewpoints
Categories: English publication language | economic growth | financial inclusion | fintech | invoice finance | peer-to-peer lending | public institutions | regulatory environment | small business finance | supply chain finance | trade finance | unknown geographic scope